EU targets Chinese firms with new trade rules for clean technology

Elisabetta Cornago, a senior research fellow at the Centre for European Reform, stated that the EU is actively seeking solutions to enhance trade defences, anticipating a possible increase in redirected Chinese exports. However, she also cautioned that stricter restrictions on Chinese technology imports could potentially disrupt the EU’s transition to greener technologies. By enforcing stringent trade measures in the name of innovation support, the EU risks raising prices, which may slow down consumer adoption of electric vehicles and other clean technologies.